Capacity Credit definition

Capacity Credit or “CC” means a percentage of a resource’s nameplate capacity that can be counted towards resource adequacy requirements.

Capacity Credit shall have the meaning specified in Operating Agreement, Schedule 11, including Capacity Credits obtained prior to the termination of such Schedule applicable to periods after the termination of such Schedule.

Capacity Credit means an entitlement to a specified number of megawatts of Unforced Capacity from a Capacity Resource for the purpose of satisfying capacity obligations imposed under the Reliability Assurance Agreement or Reliability Assurance Agreement-West, such entitlement not to include any entitlement to the output of the Capacity Resource. Solely for purposes of the PJM Installed Capacity Credit Markets, the term Capacity Credit also shall refer to credits for Installed Capacity during the Interim Period for the ComEd Zone.

Examples of Capacity Credit in a sentence

The School District will provide annual reports to the Applicant (“Annual Reports”), containing the balance of Banked Seats remaining, if any, and Capacity Credit transfers, if any, prior to July 1 of each year.
If Seller cancels a scheduled Maintenance Outage, Major Overhaul or the associated Capacity Credit Period, a cancellation notice must be received by Buyer no later than 5:00 p.m. PPT on the day before such Maintenance Outage or Major Overhaul was scheduled to begin.
An annual Non Firm Transportation Capacity Credit, and an Attorney General Consultant Expenses Working Capital Reconciliation adjustment (WCFNMU - as defined in Section 6.14) shall incorporate the Non Firm Transportation Capacity Credit, and Attorney General Consultant Expenses Working Capital Account (142.42) balance as of the annual reconciliation date designated by the Company.
A Member shall become eligible to participate in any of the PJM Capacity Credit Markets by becoming a Market Buyer or a Market Seller, or both as may be appropriate, in accordance with the provisions of Schedule 1 of the Agreement.
A Market Participant participating in the PJM Capacity Credit Markets through an agent shall be bound by all of the acts or representations of such agent with respect to transactions in the PJM Capacity Credit Markets, and shall ensure that any such agent complies with the requirements of this Schedule and the Agreement.

Capacity Credit means the type, form and amount of generating capability required to service Retail Load as set forth by PJM in the Related Documents, but does not include any entitlement to any transmission Congestion Rights or to the output of the Capacity Resource.

Capacity Credit or “CC” means a percentage of a resource’s nameplate capacity

Capacity Credit means an entitlement to a specified number of megawatts of Capacity from a Capacity Resource for the purpose of satisfying a capacity obligation imposed under the Reliability Assurance Agreement, and deficiency charges shall be determined in accordance with the then-current Reliability Assurance Agreement.

Capacity Credit shall, subject to the transition provision specified below, mean an entitlement to a specified number of megawatts of Unforced Capacity from a Capacity Resource for the purpose of satisfying capacity obligations imposed under the Reliability Assurance Agreement, such entitlement not to include any entitlement to the output of the Capacity Resource.

Capacity Credit means the price per MW-day paid by PECO to SELLER for DESIGNATED CAPACITY under this ADDENDUM.

Capacity Credit means all Capacity credits or savings related to Capacity produced 21 or made available by the Project that are available with respect to the Project.

Capacity Credit means the Entitlement Credit for St. Xxxxx, Xxxxxxx and the Lake Worth CC (or in simple cycle mode) totaling up to 61.78